HTZ Options History — January 2018

In January 2018, HTZ traded between $18.17 and $21.33. ATM implied volatility averaged 58.1%, placing in the 17.7% IV rank vs the trailing year. The 30-day expected move averaged 17.0%. IV traded below realized volatility by 3.4% (HV 20d: 61.5%). Max pain ranged from $17.38 to $20.85. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 1.08.

Notable Days

  • 2018-01-16: Highest Volume — 36,566 contracts
  • 2018-01-16: Largest IV spike — 22.4% change
  • 2018-01-30: Highest IV Rank — 26.5%
  • 2018-01-30: Largest Expected Move — 19.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$20.18$18.17$21.33$20.02$19.90
Max Pain$19.07$17.38$20.85$17.38$18.25
ATM IV58.1%47.2%66.3%53.8%65.2%
Expected Move17.0%15.0%19.0%15.4%18.7%
HV 20d61.5%40.3%76.8%47.2%75.8%
HV 60d66.7%59.9%72.7%60.9%72.6%
IV Rank17.7%6.0%26.5%13.1%25.3%
IV Percentile22.9%4.0%40.5%11.9%38.1%
Term Structure8.7%2.2%13.8%3.7%13.8%
VWIV58.7%52.5%66.8%53.3%60.1%
Skew 25d5.7%4.1%7.2%5.1%4.2%
Skew 10d10.8%6.0%14.7%14.0%7.7%
Call IV 25d56.4%50.7%64.4%51.0%62.1%
Put IV 25d62.0%55.3%68.7%56.1%66.3%
Bid-Ask Spread %20.918.9825.568.9825.34
Gamma HHI0.230.150.470.210.17
Net GEX992.7K-2.2M2.6M309.6K1.7M
Net DEX-85.1M-128.2M-19.2M-77.9M-71.8M
Net VEX-837.2K-862.3K-805.7K-854.2K-862.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.080.104.741.081.11
Total Volume12,632.9522,98636,5664,4842,986
Total OI310,794.19211,651386,708351,705236,902

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-01-02$20.02$17.3853.8%15.4%47.2%13.1%53.3%5.1%3.7%309.6K-77.9M-854.2K1.088.98N/AN/A2,1522,332127,733223,972
2018-01-03$20.09$17.3854.1%15.5%46.6%13.4%53.5%5.0%3.4%440.1K-82.2M-837.9K0.899.92N/AN/A2,0581,837128,432224,372
2018-01-04$20.40$20.8550.1%16.1%43.8%9.1%54.0%6.3%5.8%738.2K-91.9M-831.6K0.8618.82N/AN/A2,3752,040128,555224,765
2018-01-05$20.41$20.8547.2%15.6%43.7%6.0%52.5%6.3%7.0%894.9K-92.9M-826.0K4.7418.48N/AN/A1,9949,451128,815224,735
2018-01-08$19.98$20.8553.2%16.1%44.6%12.4%55.3%7.2%7.4%527.9K-77.6M-851.3K1.3121.30N/AN/A5,2906,907129,272229,446
2018-01-09$19.77$20.8549.7%15.8%45.0%8.6%55.0%7.1%9.2%488.6K-75.7M-848.5K1.7823.21N/AN/A3,6076,412131,465229,497
2018-01-10$20.03$20.8554.8%15.7%40.3%14.2%55.1%6.9%9.8%772.8K-81.9M-846.8K2.5423.46N/AN/A2,6236,665132,084229,295
2018-01-11$21.09$20.8554.5%15.6%43.8%13.8%54.6%7.1%10.9%1.9M-116.3M-837.5K0.9522.40N/AN/A8,1867,759132,192229,519
2018-01-12$21.33$20.8552.4%15.0%43.8%11.6%52.6%4.6%10.8%2.6M-128.2M-829.4K2.6418.62N/AN/A2,6276,935133,732230,449
2018-01-16$18.17$20.8564.2%18.4%73.3%24.3%64.0%5.2%4.7%-2.2M-19.2M-805.7K0.2925.56N/AN/A28,2958,271134,035231,137
2018-01-17$18.29$18.2565.6%18.8%71.7%25.8%63.9%6.2%2.2%-2.1M-32.9M-819.3K0.1820.90N/AN/A18,7073,330145,997234,645
2018-01-18$19.47$17.3862.3%17.9%71.7%22.2%61.7%6.5%4.9%1.7M-87.2M-831.1K0.1424.71N/AN/A16,6712,311152,022234,662
2018-01-19$20.75$17.3860.1%17.2%73.8%19.8%60.9%5.4%5.2%1.3M-126.2M-829.0K0.1321.64N/AN/A20,9272,762151,856234,852
2018-01-22$21.10$18.2560.4%17.3%73.6%20.2%59.3%4.2%10.9%1.7M-97.4M-815.7K0.8916.81N/AN/A2,8752,549104,016107,635
2018-01-23$20.94$18.2560.0%17.2%73.6%19.7%60.5%6.2%11.3%1.7M-95.6M-816.5K0.7522.40N/AN/A2,6711,999104,924108,958
2018-01-24$20.27$18.2560.1%17.2%74.5%19.9%60.1%5.3%11.9%1.7M-81.1M-828.5K0.1023.56N/AN/A27,2732,796106,194109,911
2018-01-25$19.85$18.2560.1%17.2%74.6%19.8%62.7%5.1%12.1%1.6M-73.7M-846.2K0.2924.19N/AN/A6,3161,837114,168110,859
2018-01-26$20.90$18.2560.9%17.5%76.3%20.8%62.0%6.0%12.6%1.7M-97.9M-845.6K0.7221.32N/AN/A6,6144,750113,776111,036
2018-01-29$20.85$18.2565.3%18.7%76.3%25.5%66.8%4.1%12.8%1.7M-96.4M-861.4K0.1621.98N/AN/A9,7141,596115,428114,580
2018-01-30$20.21$18.2566.3%19.0%76.8%26.5%64.9%4.8%12.3%1.7M-82.6M-856.9K1.1325.44N/AN/A4,1294,663115,976114,779
2018-01-31$19.90$18.2565.2%18.7%75.8%25.3%60.1%4.2%13.8%1.7M-71.8M-862.3K1.1125.34N/AN/A1,4171,569118,883118,019